Schwab U.S. Large-Cap Growth ETF $SCHG Position Raised by Kovack Advisors Inc.

Kovack Advisors Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 14.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 512,098 shares of the company’s stock after purchasing an additional 63,588 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 1.5% of Kovack Advisors Inc.’s holdings, making the stock its 10th largest position. Kovack Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $16,341,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after acquiring an additional 9,139 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock worth $13,416,000 after purchasing an additional 359,429 shares during the last quarter. AQR Capital Management LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 19.6% in the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after purchasing an additional 21,234 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 285.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock valued at $13,040,000 after purchasing an additional 385,822 shares during the last quarter. Finally, Stephens Inc. AR increased its stake in Schwab U.S. Large-Cap Growth ETF by 6.8% during the 2nd quarter. Stephens Inc. AR now owns 29,133 shares of the company’s stock valued at $851,000 after purchasing an additional 1,864 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Shares of NYSEARCA SCHG opened at $30.65 on Friday. The company has a market cap of $50.17 billion, a PE ratio of 34.24 and a beta of 1.15. The firm’s 50 day moving average price is $32.10 and its 200-day moving average price is $31.90. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.